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735 Sansom St
Philadelphia, PA 19106
2 Apartment Units & 1,000 SF Retail Space · Commerce de détail Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Boutique Value Add Opportunity: Reposition the Apartment Units by Upgrading Finishes
- In The Middle of it All: Prime Location in the Heart of Historic Jewelers’ Row
- Proximity to Award-Winning Restaurants: Walk to Acclaimed Eateries in Old City and Midtown Village in Minutes
- Prime Retail Location: Street-Level Retail in the Middle of Jewelers’ Row District
- Class A Rents Pushing Jewelers’ Row Market: Pearl Properties set to Develop Class A Apartments Resetting the Ceiling on Rents
- Access to Public Transportation: Short Walk to the SEPTA’s Regional Rail Station at 8th and Market Streets; Steps to Numerous Bus Routes
RÉSUMÉ DE L'ANNONCE
Global Real Estate Advisors (GREA) extends to well-qualified investors the unique opportunity to acquire the fee simple interest in 735 Sansom Street in Philadelphia, Pennsylvania (the “Property” or “Asset”). The Property features (2) two-bedroom/one-bath apartment units and 1,000 square feet of prime street-level commercial space in the heart of Jewelers Row.
735 Sansom sits in a historic location, comprised of (2) two-bedroom apartment units, prime for repositioning. New ownership can replace the kitchens, bathrooms, and flooring to achieve significant rental premiums over current in-place rents.
Furthermore, the 700 block of Sansom Street has been known as Jewelers Row for decades. The 1,000 square foot street retail space has been home to numerous successful jewelry businesses and is surrounded by Philadelphia’s legends of the diamond trade. New ownership can quickly move their own business in or rent to one of the many entrepreneurs looking to expand their business.
Current and future tenants live in the middle of it all on Sansom Street, a thriving retail corridor undergoing a transformation. Pearl Properties is set to build a Class A residential tower on the corner of 7th and Sansom Streets, which will bring new blood to a block rich with history.
The Property is transit-oriented, located minutes from major thoroughfares including I-76, I-676, and I-95, providing unparalleled access to the Philadelphia MSA. Furthermore, the SEPTA regional rail station at 8th and Market Streets is a short walk, carrying commuters into Center City, University City, and the Philadelphia Suburbs via the Market-Frankford Train Line.
Tenants at 735 Sansom enjoy all that Center City Philadelphia has to offer without compromise.
735 Sansom sits in a historic location, comprised of (2) two-bedroom apartment units, prime for repositioning. New ownership can replace the kitchens, bathrooms, and flooring to achieve significant rental premiums over current in-place rents.
Furthermore, the 700 block of Sansom Street has been known as Jewelers Row for decades. The 1,000 square foot street retail space has been home to numerous successful jewelry businesses and is surrounded by Philadelphia’s legends of the diamond trade. New ownership can quickly move their own business in or rent to one of the many entrepreneurs looking to expand their business.
Current and future tenants live in the middle of it all on Sansom Street, a thriving retail corridor undergoing a transformation. Pearl Properties is set to build a Class A residential tower on the corner of 7th and Sansom Streets, which will bring new blood to a block rich with history.
The Property is transit-oriented, located minutes from major thoroughfares including I-76, I-676, and I-95, providing unparalleled access to the Philadelphia MSA. Furthermore, the SEPTA regional rail station at 8th and Market Streets is a short walk, carrying commuters into Center City, University City, and the Philadelphia Suburbs via the Market-Frankford Train Line.
Tenants at 735 Sansom enjoy all that Center City Philadelphia has to offer without compromise.
FAITS SUR LA PROPRIÉTÉ Sous contrat
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
4 587 pi²
Classe d’immeuble
C
Année de construction
1985
Prix
1 778 265 $ CAD
Prix par pi²
387,67 $ CAD
Taux de capitalisation
6,50%
Revenu net d’exploitation
115 587 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
3 étages
Coefficient d’occupation des sols de l’immeuble
3,35
Taille du lot
0,03 AC
Zonage
CMX-5
Façade
20’ sur Sansom St
Impôts fonciers
| Numéro de lot | 882603100 | Évaluation des bâtiments | 820 524 $ CAD |
| Évaluation du terrain | 205 131 $ CAD | Évaluation totale | 1 025 655 $ CAD |
Impôts fonciers
Numéro de lot
882603100
Évaluation du terrain
205 131 $ CAD
Évaluation des bâtiments
820 524 $ CAD
Évaluation totale
1 025 655 $ CAD
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